Hangzhou Steam Turbine Co Ltd
SZSE:200771
Income Statement
Earnings Waterfall
Hangzhou Steam Turbine Co Ltd
Revenue
|
5.1B
CNY
|
Cost of Revenue
|
-3.9B
CNY
|
Gross Profit
|
1.2B
CNY
|
Operating Expenses
|
-936.9m
CNY
|
Operating Income
|
283.6m
CNY
|
Other Expenses
|
84.7m
CNY
|
Net Income
|
368.3m
CNY
|
Income Statement
Hangzhou Steam Turbine Co Ltd
Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
4 737
N/A
|
5 065
+7%
|
4 810
-5%
|
4 788
0%
|
4 062
-15%
|
3 722
-8%
|
3 559
-4%
|
3 034
-15%
|
2 821
-7%
|
2 600
-8%
|
2 796
+8%
|
2 913
+4%
|
3 293
+13%
|
3 235
-2%
|
3 296
+2%
|
3 532
+7%
|
3 583
+1%
|
3 447
-4%
|
3 661
+6%
|
4 068
+11%
|
4 251
+5%
|
4 643
+9%
|
4 662
+0%
|
4 279
-8%
|
4 430
+4%
|
4 280
-3%
|
3 996
-7%
|
4 381
+10%
|
4 393
+0%
|
4 496
+2%
|
4 980
+11%
|
5 570
+12%
|
5 414
-3%
|
5 788
+7%
|
6 526
+13%
|
5 899
-10%
|
5 988
+2%
|
5 519
-8%
|
4 819
-13%
|
5 065
+5%
|
5 133
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 164)
|
(3 412)
|
(3 237)
|
(3 170)
|
(2 633)
|
(2 364)
|
(2 324)
|
(1 976)
|
(1 885)
|
(1 861)
|
(1 889)
|
(2 008)
|
(2 316)
|
(2 219)
|
(2 374)
|
(2 589)
|
(2 581)
|
(2 517)
|
(2 634)
|
(2 913)
|
(2 978)
|
(3 334)
|
(3 273)
|
(3 000)
|
(3 134)
|
(3 079)
|
(2 799)
|
(3 014)
|
(3 033)
|
(3 129)
|
(3 445)
|
(3 990)
|
(3 832)
|
(4 118)
|
(4 683)
|
(4 206)
|
(4 369)
|
(4 060)
|
(3 640)
|
(3 813)
|
(3 912)
|
|
Gross Profit |
1 572
N/A
|
1 652
+5%
|
1 573
-5%
|
1 619
+3%
|
1 429
-12%
|
1 359
-5%
|
1 235
-9%
|
1 058
-14%
|
937
-11%
|
739
-21%
|
907
+23%
|
904
0%
|
978
+8%
|
1 017
+4%
|
922
-9%
|
943
+2%
|
1 001
+6%
|
931
-7%
|
1 027
+10%
|
1 155
+12%
|
1 273
+10%
|
1 309
+3%
|
1 389
+6%
|
1 279
-8%
|
1 295
+1%
|
1 201
-7%
|
1 198
0%
|
1 367
+14%
|
1 360
-1%
|
1 368
+1%
|
1 535
+12%
|
1 580
+3%
|
1 582
+0%
|
1 670
+6%
|
1 843
+10%
|
1 694
-8%
|
1 619
-4%
|
1 459
-10%
|
1 179
-19%
|
1 252
+6%
|
1 221
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(786)
|
(854)
|
(793)
|
(863)
|
(964)
|
(904)
|
(861)
|
(855)
|
(828)
|
(969)
|
(1 139)
|
(1 161)
|
(1 168)
|
(1 011)
|
(928)
|
(902)
|
(921)
|
(907)
|
(941)
|
(955)
|
(977)
|
(955)
|
(1 009)
|
(979)
|
(965)
|
(846)
|
(987)
|
(973)
|
(902)
|
(888)
|
(920)
|
(967)
|
(1 003)
|
(1 040)
|
(1 166)
|
(1 137)
|
(1 143)
|
(976)
|
(928)
|
(999)
|
(937)
|
|
Selling, General & Administrative |
(705)
|
(755)
|
(725)
|
(764)
|
(813)
|
(722)
|
(791)
|
(767)
|
(747)
|
(766)
|
(784)
|
(813)
|
(824)
|
(787)
|
(794)
|
(794)
|
(736)
|
(684)
|
(721)
|
(773)
|
(783)
|
(696)
|
(726)
|
(635)
|
(654)
|
(689)
|
(666)
|
(777)
|
(766)
|
(756)
|
(792)
|
(733)
|
(728)
|
(853)
|
(939)
|
(915)
|
(940)
|
(718)
|
(690)
|
(730)
|
(725)
|
|
Research & Development |
0
|
(77)
|
0
|
0
|
0
|
(160)
|
0
|
0
|
0
|
(179)
|
0
|
0
|
0
|
(197)
|
0
|
0
|
(56)
|
(211)
|
0
|
0
|
(87)
|
(251)
|
(169)
|
(230)
|
(216)
|
(161)
|
(176)
|
(161)
|
(149)
|
(198)
|
(242)
|
(286)
|
(322)
|
(340)
|
(364)
|
(327)
|
(301)
|
(279)
|
(281)
|
(312)
|
(292)
|
|
Depreciation & Amortization |
0
|
(19)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(43)
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(81)
|
(2)
|
(68)
|
(99)
|
(151)
|
(2)
|
(70)
|
(89)
|
(81)
|
(2)
|
(355)
|
(348)
|
(344)
|
(2)
|
(134)
|
(109)
|
(128)
|
7
|
(220)
|
(182)
|
(107)
|
24
|
(114)
|
(114)
|
(95)
|
44
|
(146)
|
(34)
|
13
|
102
|
114
|
52
|
48
|
197
|
137
|
104
|
99
|
68
|
42
|
43
|
80
|
|
Operating Income |
786
N/A
|
798
+2%
|
779
-2%
|
756
-3%
|
465
-39%
|
455
-2%
|
375
-18%
|
202
-46%
|
109
-46%
|
(230)
N/A
|
(233)
-1%
|
(257)
-10%
|
(191)
+26%
|
6
N/A
|
(6)
N/A
|
41
N/A
|
81
+100%
|
24
-70%
|
86
+258%
|
200
+132%
|
297
+48%
|
353
+19%
|
380
+7%
|
300
-21%
|
330
+10%
|
355
+8%
|
211
-41%
|
395
+87%
|
458
+16%
|
480
+5%
|
616
+28%
|
613
0%
|
579
-6%
|
630
+9%
|
678
+8%
|
556
-18%
|
477
-14%
|
483
+1%
|
251
-48%
|
253
+1%
|
284
+12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
179
|
36
|
28
|
21
|
19
|
31
|
34
|
39
|
44
|
58
|
55
|
36
|
37
|
49
|
77
|
114
|
122
|
96
|
67
|
52
|
120
|
137
|
144
|
200
|
136
|
95
|
172
|
195
|
173
|
33
|
108
|
153
|
168
|
170
|
157
|
130
|
146
|
164
|
156
|
147
|
132
|
|
Non-Reccuring Items |
0
|
21
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
7
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
55
|
0
|
1
|
1
|
78
|
0
|
0
|
0
|
(92)
|
1
|
1
|
1
|
6
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
6
|
11
|
12
|
20
|
20
|
15
|
18
|
11
|
21
|
24
|
19
|
24
|
17
|
22
|
24
|
18
|
20
|
7
|
8
|
6
|
9
|
(2)
|
2
|
(1)
|
(4)
|
(28)
|
(38)
|
(34)
|
(38)
|
30
|
123
|
45
|
51
|
124
|
(33)
|
48
|
43
|
55
|
15
|
34
|
49
|
|
Pre-Tax Income |
970
N/A
|
866
-11%
|
819
-5%
|
797
-3%
|
504
-37%
|
501
0%
|
427
-15%
|
253
-41%
|
174
-31%
|
(148)
N/A
|
(158)
-7%
|
(196)
-24%
|
(137)
+30%
|
77
N/A
|
95
+23%
|
173
+82%
|
226
+31%
|
133
-41%
|
160
+21%
|
259
+61%
|
426
+65%
|
470
+10%
|
525
+12%
|
499
-5%
|
462
-7%
|
477
+3%
|
346
-28%
|
556
+61%
|
594
+7%
|
621
+5%
|
847
+36%
|
811
-4%
|
798
-2%
|
833
+4%
|
803
-4%
|
736
-8%
|
667
-9%
|
708
+6%
|
421
-40%
|
433
+3%
|
466
+8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(139)
|
(131)
|
(130)
|
(123)
|
(78)
|
(77)
|
(66)
|
(49)
|
(47)
|
24
|
28
|
38
|
35
|
(11)
|
(12)
|
(20)
|
(16)
|
(11)
|
(14)
|
(36)
|
(59)
|
(56)
|
(65)
|
(61)
|
(60)
|
(51)
|
(29)
|
(45)
|
(56)
|
(68)
|
(101)
|
(129)
|
(103)
|
(105)
|
(118)
|
(81)
|
(84)
|
(83)
|
(36)
|
(18)
|
(46)
|
|
Income from Continuing Operations |
831
|
735
|
689
|
674
|
426
|
424
|
361
|
204
|
127
|
(124)
|
(131)
|
(158)
|
(102)
|
67
|
83
|
153
|
210
|
122
|
147
|
223
|
367
|
414
|
460
|
438
|
403
|
426
|
316
|
511
|
538
|
553
|
746
|
683
|
695
|
727
|
685
|
655
|
583
|
625
|
386
|
415
|
420
|
|
Income to Minority Interest |
(140)
|
(81)
|
(60)
|
(56)
|
(52)
|
(72)
|
(68)
|
(58)
|
(48)
|
(39)
|
(33)
|
(26)
|
(32)
|
(35)
|
(41)
|
(46)
|
(54)
|
(53)
|
(56)
|
(69)
|
(70)
|
(68)
|
(76)
|
(61)
|
(60)
|
(81)
|
(65)
|
(95)
|
(118)
|
(93)
|
(110)
|
(85)
|
(65)
|
(77)
|
(56)
|
(69)
|
(82)
|
(103)
|
(95)
|
(91)
|
(52)
|
|
Net Income (Common) |
691
N/A
|
654
-5%
|
629
-4%
|
617
-2%
|
374
-40%
|
352
-6%
|
293
-17%
|
146
-50%
|
79
-46%
|
(163)
N/A
|
(164)
-1%
|
(184)
-12%
|
(134)
+27%
|
32
N/A
|
42
+32%
|
107
+155%
|
156
+46%
|
69
-56%
|
91
+32%
|
153
+68%
|
297
+93%
|
346
+17%
|
385
+11%
|
378
-2%
|
343
-9%
|
345
+1%
|
252
-27%
|
416
+65%
|
420
+1%
|
459
+9%
|
637
+39%
|
598
-6%
|
631
+5%
|
650
+3%
|
630
-3%
|
586
-7%
|
501
-15%
|
522
+4%
|
290
-44%
|
324
+12%
|
368
+14%
|
|
EPS (Diluted) |
0.92
N/A
|
0.87
-5%
|
0.84
-3%
|
0.82
-2%
|
0.49
-40%
|
0.47
-4%
|
0.38
-19%
|
0.19
-50%
|
0.11
-42%
|
-0.22
N/A
|
-0.21
+5%
|
-0.24
-14%
|
-0.18
+25%
|
0.04
N/A
|
0.05
+25%
|
0.14
+180%
|
0.21
+50%
|
0.09
-57%
|
0.13
+44%
|
0.21
+62%
|
0.4
+90%
|
0.46
+15%
|
0.51
+11%
|
0.5
-2%
|
0.45
-10%
|
0.46
+2%
|
0.34
-26%
|
0.58
+71%
|
0.55
-5%
|
0.63
+15%
|
0.88
+40%
|
0.63
-28%
|
0.64
+2%
|
0.56
-13%
|
0.66
+18%
|
0.61
-8%
|
0.45
-26%
|
0.46
+2%
|
0.25
-46%
|
0.29
+16%
|
0.32
+10%
|